Is it possible to automate fair decisions in Artificial Intelligence?

Automating fair decisions in AI is a significant challenge for banks – unlike humans decision makers, machines will not understand the context of society or have empathy in certain situations.

Our Managing Director, Mark Somers recently discussed ‘Fairness in AI’ at London Business School’s Autumn Analytics Event, including:

• Mathematical attempts to quantify fairness

• Human attitudes to fair decisions

• The law: different standards for different types of organisation and outcomes

• What firms should be doing now to ensure their models are fair

• Predictions of future trends.